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Technology Stocks : IVI Checkmate (CMIV) -- Ignore unavailable to you. Want to Upgrade?

To: Ally who wrote (2957)	12/1/1999 9:00:00 PM
From: Sultan	Respond to of 3721

Not true. I have owned them before the share structure was changed and this is basically what happened. "If you had 1000 shares of old esp, you ended up with 500 esp.a and 500 shares of esp.b. And this was affected for every share holder, including the insiders.." This allows the company to issue esp.b with limited voting control. However, nothing stops some one to buy esp.a on the open market which is what I do when I want to add.. Yes, generally I don't like this kind of structure, since it is unnecessary and adds to complexity but it seems there are many canadian companies with this arrangement. However, it is absolutely incorrect to say share holders were screwed...